RBZ Foreign Exchange Auction Results ::: 20 October 2020

[Bulls n Bears]

 <http://www.nedbank.co.za/> 

 

Dear Subscriber,

 

Please see herein the RBZ Foreign Currency Auction Market results for 20
October 2020.

 

	
Auction Results 20 Oct 2020

Auction Results 13 Oct 2020

					

 

SME Auction

Main Auction

SME Auction

Main Auction


Amount Allotted (USD)

1,740,633.79

27,057,595.85

1,828,623.41

27,396,490.94


Highest Rate (ZWL)

86

87.1

86.00

88.07


Lowest Rate(ZWL)

79

79

79.00

79.00


Lowest Accepted Rate(ZWL)

79

79

79.00

79.00


Total Bids (USD)

1,740,633.79

27,057,595.85

1,828,623.41

27,396,490.94


Number of Bids received

146

238

163

255


Number of Bids rejected

14

15

10

26


 

 

 

		

Weighted Average Rate (ZWL)

81.3499

-0.01%

81.3458

	

 

				

Purpose

SME Auction

Allotments

Main Auction

Allotments

SME Auction

Allotments

Main Auction

Allotments


 

USD

USD

USD

USD


Raw Materials 

379,237.17

10,577,731.11

546,149.68

11,305,544.43


Machinery & Equipment 

399,295.98

4,071,793.78

243,310.15

4,786,233.24


Consumables  

484,901.02

2,691,432.18

579,972.62

2,378,206.62


Pharmaceuticals & Chemicals

99,525.99

3,732,503.04

140,841.80

2,740,093.88


Services 

163,404.77

2,464,388.66

140,542.10

1,222,531.00


Retail & Distribution 

103,101.59

1,864,413.48

58,015.47

2,482,126.96


Fuel, Electricity & Gas 

91,167.27

1,042,378.92

77,396.35

1,354,008.86


Paper & Packaging 

20,000.00

612,954.68

42,395.24

1,127,745.95


Total 

                1,740,633.79 

  27,057,595.85 

1,828,623.41

27,396,490.94


 

		 

 


Grand Total Awarded

28,798,229.64 

-1.46%

29,225,114.35

 

						
						

 



 

Allotments are prorated to applicants in most cases to serve qualifying bids
with the priority list still very much in force. The local unit was
marginally weaker against greenback. The total bids allotted declined 1.5%
to USD28.8m. 

 

Invest Wisely!

 

Bulls n Bears 

 

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